Well maintained turn-key 2-unit investment property! This property offers strong potential for both seasoned investors and those looking to expand their portfolio. All utilities are separated and paid by tenant. Featuring 2 bedrooms, 1 bath, and laundry room in each unit, the home includes a functional layouts with spacious living areas and abundant natural light throughout. Additional highlights include new windows & doors, new kitchen, beautiful built-in cabinet on main level, new area rugs over hardwood floors, gutters and downspouts, 2 entrances for each unit/enclosed staircase for upstairs unit, a storage shed for each unit, a partial basement for mechanicals, and a generously sized lot. Newer Boilers for each unit...One in 2024.
Closed
$187,000
512 N Cullen St, Rensselaer, IN 47978
4beds
2baths
--sqft
Duplex
Built in 1910
-- sqft lot
$187,600 Zestimate®
$--/sqft
$1,123 Estimated rent
Home value
$187,600
Estimated sales range
Not available
$1,123/mo
Zestimate® history
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List your homeWhat's special
Generously sized lotGutters and downspoutsAbundant natural light throughoutNew kitchenNew windows and doors
Zillow last checked:
Listing updated:
Listed by:
JoAnn McElfresh,
Jenkins, REALTORS, INC. 219-866-5908
Bought with:
Darian McAdow, RB21001805
RE/MAX Executives
Source: NIRA as distributed by MLS GRID,MLS#: 837508
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Individual Unit, Unit Control, Natural Gas, Hot Water
Appliances
- Included: Built-In Gas Range, Washer, Range Hood, Refrigerator, Range, Microwave, Gas Water Heater, Dryer
- Laundry: Laundry Room, Upper Level, Main Level
Features
- Ceiling Fan(s), Laminate Counters, High Ceilings, Entrance Foyer
- Windows: Insulated Windows
- Basement: Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Finished area above ground: 2,590
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Off Street, Gravel
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Enclosed, Front Porch
- Exterior features: Rain Gutters
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.39 Acres
- Features: Back Yard, Rectangular Lot
Details
- Parcel number: 370719001005008027
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Rensselaer
- Subdivision: Thompsons Add
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,VA Loan,FHA,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $187,000+1.1% |
Source:  NIRA as distributed by MLS GRID #837508 Report a problem | ||
| 4/24/2026 | Pending sale | $184,900 |
Source: NIRA as distributed by MLS GRID #837508 Report a problem | ||
| 4/21/2026 | Listed for sale | $184,900+131.4% |
Source: NIRA as distributed by MLS GRID #837508 Report a problem | ||
| 9/27/2004 | Sold | $79,900 |
Source: NIRA as distributed by MLS GRID #114800 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,677 +0.9% | $156,000 +9.6% |
| 2024 | $1,661 +3.2% | $142,300 +4.6% |
| 2023 | $1,610 -5.4% | $136,000 +8.5% |
| 2022 | $1,701 -3.8% | $125,400 +2.9% |
| 2021 | $1,769 +4.4% | $121,900 -5.9% |
| 2020 | $1,695 +5.9% | $129,600 +0.3% |
| 2019 | $1,601 +72.1% | $129,200 +58.3% |
| 2017 | $930 +0.9% | $81,600 -0.1% |
| 2016 | $922 -0.3% | $81,700 +1.7% |
| 2014 | $925 +6.5% | $80,300 +1.1% |
| 2013 | $869 +0.6% | $79,400 +0.1% |
| 2012 | $863 -8.5% | $79,300 +2.1% |
| 2011 | $944 +12.4% | $77,700 |
| 2010 | $840 +3.2% | $77,700 |
| 2009 | $814 | $77,700 +10.2% |
| 2006 | -- | $70,500 -0.3% |
| 2005 | -- | $70,700 |
Find assessor info on the county website
Neighborhood: 47978
Nearby schools
GreatSchools rating
- 8/10Van Rensselaer Elementary SchoolGrades: 3-5Distance: 0.8 mi
- 7/10Rensselaer Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Rensselaer Central High SchoolGrades: 9-12Distance: 1.1 mi
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- Indiana
- Jasper County
- Rensselaer
- 47978
- 512 N Cullen St
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